Capital Financing Program
This program will be used to provide disaster assistance to political subdivisions affected by weather related events until federal and state money is available or to assist in cash flowing local match requirements. Any North Dakota political subdivision that is within a county that has received a Presidential Public Disaster Declaration or a gubernatorial executive order or proclamation of a state disaster or emergency is eligible to apply.
The political subdivision must submit a Capital Financing Program (CFP) application to the PFA. The political subdivision must show ability to repay the financing either from Federal or State government disaster payments or from tax receipts. If the PFA approves the application, funding will be provided in cooperation with the Bank of North Dakota.
This special disaster assistance financing available under the Capital Financing Program is being offered until December 31, 2013.
»CFP Disaster Financing Application (194kb rtf)
»CFP Disaster Financing Fact Sheet (176kb pdf)